Absolutely right, but its not just an iron ore story - the fact is china are not informing the world of their true state of their economy. Look at pork prices down 27% in 12 months. Look at youth unemployment. Deflation and collapse of the property sector. And if thats not bad enough wait till next April - May when they finally do their amphibious assault on Taiwan. (research that as I did and you will see April-May is the best time of year, something to do with sea currents etc for amphibious landing) MGT needs investment and offtakes outside of the china sphere of influence that is the only way forward. Try Japan instead. And the irony, if you have a low social credit score as a chinese citizen you can improve your score if you donate blood (war prep anyone?). There are some risks ahead to the wider Australian economy I think and I don't think people are prepared for what is infront of them. (apologies for being off topic here)
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $26.08M |
Open | High | Low | Value | Volume |
27.5¢ | 27.5¢ | 26.5¢ | $53.65K | 200.0K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 41000 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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28.0¢ | 46333 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 41000 | 0.265 |
9 | 95485 | 0.260 |
3 | 8608 | 0.255 |
3 | 208996 | 0.250 |
1 | 25734 | 0.245 |
Price($) | Vol. | No. |
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0.280 | 46333 | 1 |
0.285 | 73533 | 4 |
0.290 | 181860 | 7 |
0.295 | 5000 | 1 |
0.300 | 17331 | 4 |
Last trade - 13.16pm 30/04/2024 (20 minute delay) ? |
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Last
26.5¢ |
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Change
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Open | High | Low | Volume | ||
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Last updated 12.57pm 30/04/2024 ? |
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